Sudan inflation rises to 19.3% in Dec, driven by food

By REUTERS
February 7, 2012 15:59

 
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KHARTOUM - Annual inflation in Sudan accelerated to 19.3 percent in January from 18.9 percent in December as food costs rose, the government said on Tuesday.

The Arab-African country is battling an economic crisis and analysts say high food price inflation could stoke dissent against a background of high unemployment, a devalued local currency and US trade sanctions.

Inflation has more than doubled since the government effectively devalued the Sudanese pound in November 2010 to curb black market activity - a measure that had no success.

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